co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
The existing policy has led to a significant amount of wheat flour continuing to be exported from India even after all such exports were restricted back in July.
The government plans to implement a Boston Consulting Group report which calls for significant restructuring of the department to help hit $2 trillion in exports by 2030.
The Bank Of Japan pledged not just to hit 2 percent inflation, but to stay above it, way back in 2016. Now, prices are rising faster than the target and Kuroda’s decisions are getting tougher
The additional duty comes just months after Bajaj got additional charge of Economic Affairs Secretary till August 12.
China brought in 7.42 million tonnes of coal from Russia last month. That was the highest monthly figure since comparable statistics began in 2017, up from 6.12 million tonnes in June and 6.49 million tonnes in July 2021
Imports of Russian oil, including supplies pumped via the East Siberia Pacific Ocean pipeline and seaborne shipments from Russia's European and Far Eastern ports, totalled 7.15 million tonnes, up 7.6 percent from a year ago
Consumers continue to spend and applications for unemployment benefits remain historically low. The housing market is deteriorating fast, while the manufacturing sector is losing momentum, but not as quickly as feared
India's consumer inflation dipped to 6.71 percent in July, easing for the third month in a row, helped by a slower increase in food and fuel prices but continues to remain above the RBI's mandated target band of 4-6 percent for a seventh straight month
The island nation defaulted on its $51 billion foreign debt in April and is seeking help from the International Monetary Fund after months of food, fuel and medicine shortages
The sustained decline in crude oil prices and decline in inflation below 7 percent, as well as growth in tax collection have contributed to a significant easing of concerns over growth and inflation in the current financial year
The share of people in their forties and fifties in the labour market has gone up drastically to 57 percent in 2021-22 from 42 percent in 2016-17, while the share of those in the 15-24 age bracket has dropped to 17 per cent from 13 percent during the same period.
The RBI may go for a 25 basis points rate hike in September and possibly another one before the end of this year.
Beijing’s poor headline numbers aren’t the only story — and that means investors need to use a new lens to assess the economy
There are signs that food prices may remain sticky due to price hikes in some products and the rising prices of cereals, paddy and wheat.
India’s low level of female participation is due to two major structural factors: more young women staying in education and a historic failure to implement labour market reforms and develop a strong manufacturing base.
Eventually, sources said, the government aims to establish a system where there are no exemptions and the complex old tax regime with exemptions and deductions is terminated.
Shrimati napkin, which is prepared using bamboo and banana fibres, is reusable, environmentally friendly and can last for over a 12-period cycle, claim its inventors.
In the Union Budget this year, the government proposed to replace the existing law governing Special Economic Zones (SEZs) with a new legislation to enable states to become partners in ’Development of Enterprise and Service Hubs’ (DESH).
Nations that were in a food deficit and vulnerable, as well as India's neighbours, were given priority access to wheat amid a global shortfall.
"The measures the government and the Reserve Bank of India (RBI) have taken have helped in lowering inflation, but it's not like it has stopped being a concern. It's just not as worrying as it was a few months ago," a senior official said.
The rupee was trading in a narrow range against the US dollar in opening trade on Thursday amid a rally in the equity markets.
The removal of a 5 percent duty on plain and studded gold jewellery from India as part of the recent free trade agreement with the UAE is expected to increase exports by $5 billion.
After a sizzling July payrolls report that included a larger-than-forecast pickup in hourly earnings, Federal Reserve policy makers remain tilted toward large interest-rate hikes
US employers added 528,000 jobs last month, more than all estimates, the unemployment rate fell to a five-decade low of 3.5%, and wage growth accelerated
The labour market has now recouped all the jobs lost during the Covid-19 pandemic, though government employment remains about 597,000 jobs in the hole. Overall employment is now 32,000 jobs higher than in February 2020
